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4 Jul 2014
Aussie could take center stage next week - FXStreet
FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik suggests that the Aussie could be in the focus of attention next week, as the calendar will be almost empty when it comes to news from the US and Europe.
Key quotes
"Australian and Chinese data will be out almost every single day of the week."
"Most relevant one for Australia will be the employment figures on Thursday that can make it or break it for the local currency, mostly after latest RBA Governor Stevens’ words on steady economic policy for a long time."
"Good numbers may boost the currency in the short term, but it will take much more to revert the negative sentiment triggered this week."
Key quotes
"Australian and Chinese data will be out almost every single day of the week."
"Most relevant one for Australia will be the employment figures on Thursday that can make it or break it for the local currency, mostly after latest RBA Governor Stevens’ words on steady economic policy for a long time."
"Good numbers may boost the currency in the short term, but it will take much more to revert the negative sentiment triggered this week."